Recently, I saw a bunch of people rushing to test the network and test the interactions, claiming to experience the product, but their hands are all about points expectations... Whether the mainnet will issue tokens or not, their emotions are already fully charged. Actually, doing AMM is similar; don’t think of “providing liquidity” as saving in a bank. When the curve moves, you get passively bought high and sold low. To put it simply, the more the price diverges, the more impermanent loss feels like quietly deducting your salary. Fees are just used to hedge; if they’re not enough, it’s a waste of effort. Anyway, I see that when funding rates and social media buzz heat up, I dare not just throw my positions into the pool and sleep. Better to stay alive first.

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